US100 start FALL from RESISTANCE line

The price approached the lower border of the resistance zone at the level of 12385.1.
This resistance zone was formed at the end of August and over the past three months the price has made only three touches. However, as you can see on the older timeframe, each of the previous touches of the zone turned around for the price with a rather impressive fall.


In addition, now you need to take into account that the price has been in an upward trend since November 10, that is, for almost three weeks. The rise in prices during this time was fairly even without serious jumps. The price does not have strong support for a rapid movement, but the resistance zone, on the contrary, is strong. So I expect the price to drop. The target in this case is the support line in the area of ​​11850.0

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻